Budapest is one of the most captivating capitals in Central Europe and even the entire continent. The city that hosts around 2 million people offers a unique combination of historical buildings and modern architecture that gives it a unique appeal. Add the rich history, incredible food, and vibrant nightlife to the mix, and you get an extraordinary city that should definitely be on your bucket list.
Actually, the city and its lifestyle are so fascinating that residential complex builders worldwide try to replicate it in their projects. One such example comes from another European capital that’s on the rise – Tbilisi. Although the two cities are almost 3,000 kilometers apart, the Budapest spirit is perfectly captured by the Green Budapest residential complex in the Georgian capital.
And it’s not the only example of top-level real estate in Tbilisi. We’ve contacted David Kezerashvili to talk more about the most popular neighborhoods in his home city. As a real estate investor, entrepreneur, and Tbilisi habitant, David can offer valuable information from both points of view.
The name of this complex says a lot about where it drew inspiration. And even though not even the greatest developer in the world can’t recreate the Danube banks and the mind-blowing bridges Budapest proudly hosts, the living quarters in Tbilisi managed to capture enough of Budapest’s lifestyle. One of the most important factors in this project is the infrastructure variety. After years upon years of simply erecting apartment buildings, Tbilisi started to change the topic. Equipped with plenty of specially-created green areas inside the complex, multiple children’s playgrounds, a basketball court, and even a treadmill, Green Budapest takes the residential complex concept to a whole different level. Add a skatepark, basketball court, daycare services, and a huge fitness center to the list, and you get a city within the city.
The main idea behind Green Budapest is to create a neighborhood that feels as comfortable as possible and makes its residents feel like they’re on vacation every day. Developed by MAQRO, one of the most prominent investors in Georgia, the residential complex offers no less than 3500 square meters of green, recreational zone.
Vake Plaza and Ocean Vake Plaza – Two More Ambitious Real Estate Projects
We’ve promised to give you valuable info on Tbilisi’s most popular neighborhoods. And there’s just no way to do that without mentioning Vake district as well. It’s here where David Kezerashvili developed Vake Plaza, an ultra-modern business center. Even though this project mainly addresses entrepreneurs, it’s worth mentioning when talking about the Vake neighborhood. It adds value to the area by providing the residents with the proper space to transform their ideas into successful businesses. Even more than that, the center comes with over 11,000 square meters of parking space that can be accessed by nearby residents as well. In an overcrowded Tbilisi, this colossal parking space is critical.
Furthermore, the nearby Ocean Vake Plaza residential project is going to give the Tbilisi residents one more reason to choose this district as their new home. With the park nearby, Vake Plaza just around the corner for business presentations and important meetings, plenty of restaurants, and Tbilisi’s biggest gym in the area, it’s hard to say no if you’re looking for a new apartment. The modern design and futuristic architectural approach in both projects fit perfectly into the district’s landscape. Besides delivering the latest utilities and technologies to make life as comfortable as possible, respecting nature and providing plenty of green spaces is also a top priority.
The list of most-wanted Tbilisi neighborhoods couldn’t be complete without mentioning the likes of Chughureti, Varketili, or Gldani. To continue the comparison to Budapest mentioned in the introduction, Chugureti is comparable to the Hungarian capital’s District 5. It is the most expensive district for renting and buying. However, compared to Budapest’s most expensive neighborhood, the Georgian counterpart is a lot more accessible at an average price of around 1,200 per square meter. Even though it still may sound like a lot to most people reading this, no matter if we’re referring to Georgian or Hungarian residents, it’s a lot better compared to the around $2,5000 you’d pay per square meter in Budapest’s District 5.
It goes without saying that Tbilisi and Georgia as a whole are on a continuous ascension when talking about real estate. Looking at Europe’s top capitals for examples of how to organize residential and business spaces is definitely a winning recipe. And David Kezerashvili promises us we can all expect more exciting projects in the future!